Via Dave Lutz at JonesTrading, here’s a quick guide to what traders are talking about before markets open on Tuesday as stocks in the US look set to open lower for a second straight day.

Good Morning, and welcome to “Turnaround Tuesday?” US Futures are starting in the red for now, off 60bp but well above yesterday’s lowest levels as traders twitch around buy tickets. All eyes were on China overnight, where stocks fell more than 2% in early trade, prompting fears that exchanges were set for a second day of panic selling –and sparking action from the PBOC – read more >>>

Source : BusinessInsider.Com